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TTP Investments Inc. Acquires Shares of 40,233 Uber Technologies, Inc. (NYSE:UBER)

TTP Investments Inc. purchased a new position in Uber Technologies, Inc. (NYSE:UBER – Free Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 40,233 shares of the ride-sharing company’s stock, valued at approximately $1,737,000. Uber Technologies accounts for 1.1% of TTP Investments Inc.’s […]
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Alto: A startup's alternative to Uber: Employing its own drivers

Dallas-based start-up Alto is aiming to challenge the dominant ride-hailing model by offering a safer and higher-quality service. Unlike Uber and Lyft, Alto employs drivers who are vetted, paid hourly, and have benefits such as 401(k) matches and healthcare contributions. The company has 2,000 drivers in five major cities and has seen its 2023 revenue grow by 30% compared to the previous year.
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